Accountancy 


The Keystone 
of 
Business Education 


Chicago Central 
College of Commerce 
of 


The Young Men’s Christian Association 


19 South La Salle Street 
Telephone CENtral 6787 


ak 


The Modern Accountant 


Adequate accounting systems ascertain every cost, 
betray every factor of actual or potential loss and 
veovern every transaction of modern business. 


It has been said, “The language of business is 
figures, and the accountant is the interpreter.’ 
IXvery man who wishes to associate himself with the 
most important factors of business today can do it 
no better than through the study of accountancy. 


For more than twenty years the Chicago Central 
College of Commefce has given courses 1n bookkeep- 
ing and accountancy for the men employed in Chi- 
cago’s business and industrial organizations. These 
years have seen a constantly increasing recognition 
of the accountant by business organizations, legis- 
latures and the courts, and as the accountant took on 
more vital responsibilities his training and education 
called for increased preparation. 


In order to bring this course up to the most mod- 
ern developments in the field of public and executive 
accounting, the Central College of Commerce, dur- 
ing the early part of last year, appointed a commis- 
sion of accountants and educators and asked them to 
formulate changes and make additions to its former 
courses as seemed desirable in the light of modern 
needs. 

The result 1s the new accountancy course which 
will give you the largest returns from your training 
and save your time through elimination of all non- 
essentials and unnecessary repetitions. 


Ask for a Copy of the Yearbook, 
“Outlines of Business Education” 


A complete description of the requirements for the 
B.C.S. degree and for the four-year diploma in 
Accountancy is given in the yearbook of. the 
Central College of Commerce, “Outlines of Busi- 
ness Education,” a complimentary copy of which is 
available upon request. This book also gives valuable 
information about the benefits and essentials of busi- 
ness education and a complete description of all of 
the courses offered. 


The New Accountancy Course 


As in the past, four years of study are required 
to secure the diploma in Accounting and prepare for 
the C.P.A. or Public Accountants examination. 


The ever-increasing knowledge required by the 
accountant has caused the school to prepare an addi- 
tional fifth year of study leading to the degree of 
Bachelor of Commercial Science. However, this 
degree is granted only to high school graduates ; 
those who cannot meet the high school requirements 
will receive the accountancy diploma only. 


Today, accountants may be divided into two large 
groups: Public Accountants, usually men who have 
passed the state examination and have the title 
“C.P.A.,” and executive accountants who are con- 
nected with large business organizations and are 
known under the title of “Comptroller,” “Auditor,” 
and “Chief Accountant.” The accountant is recog- 
nized as an important official in every firm and he 
must have a broad business training to measure up 
to his responsibilities. 


The new course will train men for both of these 
fields. The first three years gives the general basic 
requirements of both of these groups. The third 
and fourth year permits specialization in Executive 
Accounting and Management, or in Public Account- 
ing, depending upon the goal of the student. 


Accounting for Production, 
Marketing and Credit Men 


The first two courses, Accounting A-1 and A-2 
will give you the basic principles of debit and credit, 
enable you to understand the simple accounting 
transactions and their relations to the other activities 
of the business and show you how to make up and 
interpret a balance sheet of a corporation. These 
two chains of accounting represent the minimum of 
accounting training which should be taken by an 
executive. 


4-Year Diploma and 5-Year Degree 
Study Program in 
Accountancy 


First Year 
First Semester 
Accounting A-1 and A-2 (Tuesday, 6 :00-7 :50 and 
Thursday, 6:00-7:50) 
Business Economics (Thursday, 7:55-9:45) 
Business Letters (Tuesday, 6:00-7:50 or Thurs- 
day, 6 :00-7 :50) 
Second Semester 
Accounting A-2 (Tuesday, 6:00-7:50 or Tues- 
day, 7:55-9:45) 
Advanced Business Economics (Thursday, 6 :00- 
7.250) 
Business Writing (Tuesday, 7:55-9:45) 


Second Year 

First Semester 
Accounting A-3 (Given in Fall Semester ) 
Financial Organization (Given in Fall Semester) 
Law of Contracts and Agency (Tuesday, 6:00- 

7:50) 

Second Semester 
Accounting A-4 (Thursday, 6:00-7 :50) 
Business Organization (Thursday, 7:55-9:45) 
Law of Partnerships and Corporations (Tuesday, 


7:55-9:45) 


Third Year 


First Semester 


Accounting A-5 (Given in Fall Semester) 
Production Management (Given in Fall Semester ) 


Law of Negotiable Instruments (Given in Fall 
Semester ) 


Second Semester 
Accounting A-6 (Tuesday, 6:00-7 :50) 
Business Finance (Tuesday, 7:55-9:45) 


Law of Property, Debtor and Creditor, Bank- 
ruptcy (Tuesday, 6:00-7 :50) 


Fourth Year 
First Semester 
Principles of Auditing (Given in Fall Semester ) 
Principles of Cost Accounting (Given in Fall 
Semester ) 
Income Tax Law and Procedure (Given in Fall 
Semester ) 


— Second Semester 
Advanced Auditing (Not offered in 1925-26) 
Advanced Cost Accounting (Thursday, 7 :55- 
9:45) 
Elective 
Fifth Year 
Required of all students for b.C.S. Degree 
First Semester 
Business Statistics and Graphs (Given in Fall 
Semester ) 
Management Control (Given in Fall Semester ) 
Elective 
Second Semester 
Practical Speaking (Tuesday, 7:55-9:45 or 
Thursday, 6 :00-7 :50) 
Budgetary Control (Not offered in 1925-26) 
Elective. 
Electives 
C. P. A. Problems (Not offered in 1925-26) 


Principles of Merchandising and Marketing Prac- 
tice (Given in Fall Semester ) 

Fundamentals of Investments (Thursday, 6 :00- 
7:50) 

Credits and Collections (Thursday, 6 :00-7 :50) 


Starting Date of Course 


All Tuesday classes will begin on February 9, 
1926. 

All Thursday classes will start on February 11, 
1926. 

Each course meets one evening a week for semes- 
ter of 17 weeks, except the intensive course in first 
year. accounting. 


Free Practice and Coaching Class 


On Saturday afternoon one of the assistant in- 
structors conducts a practice class open to all stu- 
dents who have difficulty with their weekly problem 
assignment or who have missed one of the regular 
class sessions. The students attending this class 
will get special attention and assistance from the 
instructor. No extra charge is made for this class. 


CLEA ISAS AGEN SONATE ASN SAO AREA ELITR SAN STN 


va 


Advisory Comm 


ha OOO BONNE PE BE 


H.C. GOETTSCHE, CP.A. 
‘Member of Advisory Commission 


H.C. Goeusche and Company, Certified Publ 
Accountants 


Income Tax Law and Procedure 4 
Ellis, Pinkerton and Co., Certified Public Accountants 
res. of Ind. 


HARVE’ 

AB., B 
Chairman of the 
Head of the Aco 
Y MCA School « 
in Account 


"Inetructar. Schoo: 


ministranon. U 


PAUL H. BECK, A.M.,, C.P.A. 


Instructor in Accounting 


JOHN R, BYLAND, B.CS 
Instructor in, Accounting : 

Author of the YM C A Course of Accounting ~~ 
Principles and Practice 


BBE OTS BPE RE LEE ALE LES LIEN BETS R ERE IT 


Si LO APN TARR AG EAE LN PUES ANRC EID ABI TREE TITLE 


Class Sessions and Home Wor 


Every one of these subjects meets for seventeen 
sessions one night a week for a period of two hours, 
except the intensive course in first year accounting. 

By following the regular course as outlined on 
this page, you will attend classes two evenings a week 
—Tuesday and Thursday evenings—four hours on 
one evening and two hours on the other. Schedule 
of classes is arranged so that students may take 
two courses in one evening, attending classes from 
6:00 to 7:50 and from 7:55 to 9:45. To secure the 
most benefit from this class session, you should spend 
at least eight to ten hours a week on your problem 
assignments at home. Students may also carry two 
subjects or enroll for the accounting subjects alone 
depending upon the amount of time available for 
study. 


eUNEOAN ENE Se eee 


» CHARLES O. PASSMORE, PhB. C.P.A. — 
Member of Advisory Commission and : 
Instructor tn Accounting; 


ARTHUR PERROW 

Member of Advisory Commission be 
Chief Accountant, Illinois Bell Telephone Co: » 

formerly Supervisor of Accounting Methods. 
American Telephone and Telegraph Company 


)AINES, 
o.P.A. 


ry Commission. | 
cy Department. 


nerce, Instructor 


| Finance 
amerce and Ad 
y of Chicago 
i , 
ad “RALPH G, DAVIS. CP.A. 
i “ha Instructor in Cost Accounting . 
A PAUL O. DITTMAR, CP.A. General Auditor of the Lacy Securities 
wt Instructor in Auditing and Finance ‘Corporation 


Paul Diamar and Company, Certified Public 


PERE ERE LE LEE ELLIE CL IS LEI: 
Accountants 


BERNIE LEARN PLEASE! CSN INT SE GEE NSA RN 


Elementary Accounting 


Intensive Course 
Tuesday and Thursday Evenings 
6:00 - 7:50 


Mr. Beck, Instructor 


This intensive course leads the student 
step by step from the simple to the more 
complicated phases of accounting. Practical 
problems are studied. 


In this class, meeting tour hours a week, 
it is possible to finish a year’s course in one 
semester. 


A 


Tuition and Fees 


No annual registration fee is charged. All matricula- 
tion membership charges are included in the semester 
tuition fees. 

Tuition fees for courses in the Chicago Central College 
of Commerce are computed on the basis of the number of 
subjects taken per semester. 


Girie subject ni eter x es a $27.50 
SW OSETIICCUtS etter ee ee eae 41.00 
ddaree SSuD jects «= Sets OR Se 51.00 


The tuition for the regular Accountancy program con- 
sisting of three subjects as outlined in this folder would 
be $51 for one semester. 


Intensive Course in Elementary Accounting. The spe- 
cial intensive course in Elementary Accounting, meeting 
two evenings a week for one semester, costs $41.00. This 
intensive four-hour course will be repeated in the sum- 
Memeterin. 


Part Payment Plan 


While tuition payments are payable in advance, frank 
recognition is made of the fact that some students find 
it inconvenient to pay the full tuition at the beginning 
of the semester. To accommodate these men, a part 
payment plan has been devised whereby the student pays 
a portion of the tuition in cash and gives his personal 
note for the balance which is paid off in bi-weekly or 
monthly installments. To cover the cost of records and 
collection, a fee usually ranging from $1.50 to $3.00 is 
added, according to the number of subjects taken and the 
outstanding balance. The larger the cash or first pay- 
ment, the lower will be the amount of this extra charge. 

Those desiring to take advantage of this plan need 
only mention it at the time of registration—there is no 
red tape. 


Mimeographed Lesson Material 


The cost of special mimeographed lesson material for 
intensive course in Elementary Accounting is $5.00. 
-Mimeograph fee for the course in Accounting A-2 is 


$2.50. 


Credit Certificate 


Upon completion of the first two semesters of Ac- 
counting you may receive upon request a credit cer- 
tificate signed by the instructor of the course, the Dean 
and the Director of the School. 


Register Now 


The office of the College of Commerce is open for in- 
formation or registration every day from 9:00 A. M. to 
9:00 P. M. and on Saturday afternoons until 5:00 o’clock. 


Chicago Central College of Commerce 
19 South La Salle Street Central 6787 


